Provident Financial News

Queensland Police have taken action against an alleged crypto investment fraud operating on the Gold Coast, resulting in the arrest and charging of four individuals. 

home ministry has cancelled the Foreign Contribution Registration Act (FCRA) licences of six non-governmental organisations (NGOs) for their alleged violation of the FCRA rules, misuse of foreign grants, religious conversion, among others, ET has learnt. The cancellation came following a scrutiny by the Centre in March-April this year, said officials familiar with the developments. The NGOs include the Diocesan Society Church of North, Jesus and Mary Delhi Educational Society, Delhi Diocese Overseas Grant Fund, Institute of Economic Growth (IEG), Samuel Foundation Charitable India Trust and Hemophilia Federation of India (HFI). Earlier this month, the home ministry had revoked the FCRA licences of five leading NGOs on charges of violations.

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Birlasoft reported a net profit of Rs 180 crore in the March quarter of FY24, up 11.8% quarter on quarter (QoQ). The profit for the company grew by a whopping 60.5% on-year. The growth in profit in Q4 comes on the back of surge in non-core income, slight increase in operating margin and a decline in employee expenses. Operating margin jacked up by 33 bps (3.8% QoQ) to end at 14.7% in the final quarter of FY24.

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Gold and silver rate today on 29-04-2024: Check latest rates in your city “Of particular importance is the US interest rate decision, which is poised to strongly impact Gold. Anticipation of two rate cuts could provide support for gold, whereas emphasis on higher rates for a longer duration may exert pressure. Hence, the week ahead is anticipated to be pivotal for gold markets," said Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.

Oil settles higher on Middle East supply woes, US inflation data limits gains; Brent at $89/bbl “Optimism prevailed from the start of the trading session as cooling of US bond yields and letdown in middle-east conflict coupled with a drop in crude oil prices generated a lot of enthusiasm amongst the investors. With the polling season on, the market is hoping for a clear mandate in favour of the ruling party. The two-day Fed's monetary policy meeting starting Tuesday will be closely watched by global investors, although markets doesn't expect any change in the policy outcome," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.

The Bank of Canada‘s upcoming interest rates decision just got more complicated after United States economic data out this week showed growth slowed while inflation remained elevated.

In his new role, he will work with Charlotte Meyrick on both the Aviva Investors UK Equity Unconstrained strategy and the Aviva Investors UK Small and Mid-Cap strategy. He will also provide analyst coverage of the energy, materials and utilities sector hubs. Aviva UK Listed Equity Income fund suffers second manager exit «I am pleased to welcome Mathew to our UK Equities team and look forward to working with him,» said Trevor Green, head of UK equities at Aviva Investors. «He brings with him a strong track record and a wealth of industry knowledge that will only add to the existing ...

travel and tourism sector is all set to add 5.82 crore jobs across the country by 2033, a top executive of global technology and digital talent solutions provider NLB Services said on Monday. «The growing synergy of the sector has led to steadfast employment generation across the country both in tier I and II locations. In the pandemic year 2020, the tourism sector accounted for 39 million jobs, constituting 8 per cent of the nation's total workforce. Post the pandemic recovery tenure, this was one of the sectors that saw the quickest recovery,» NLB Services CEO Sachin Alug said in a statement. Incidentally, talent demand in tourism recorded a 44 per cent spike in August 2023, and 1.6 million additional jobs were expected to be added in the calendar year 2023, he said.

EconomicTimes.com signed off the financial year 2024 as it had begun, leading from the front — with accuracy in reporting and accountability to readers. The latest Comscore data from March 2024 validate what business news readers have known for decades: EconomicTimes.com is the premier source for business, market, and financial news in India, with significant recognition around the world.

Parker will joins directly from Columbia Threadneedle, where he led the UK All Cap and UK Mid Cap equity strategies for the CT Universal Multi-Asset portfolios. At Aviva, he will work with Charlotte Meyrick on both the Aviva Investors UK Equity Unconstrained strategy and the Aviva Investors UK Small and Mid-Cap strategy. In addition, he will provide analyst coverage of the energy, materials and utilities sector hubs. «I am pleased to welcome Mathew to our UK Equities team and look forward to working with him,» said Trevor Green, head of UK equities at Aviva Investors. «He brings with ...

Canada’s decision to ground Boeing’s 737 MAX-8 jets in 2019 came as a result of a chance European encounter that led to new data about two deadly crashes, suggest documents obtained by Global News.

Amidst positive market expectations, Bitcoin (BTC) faces a downtrend, dropping to $62,247 with an intra-day low of $62,007. Global tensions and US Department of Justice actions against crypto founders fuel this decline.

The crypto market today undoubtedly offers a lot of possibilities, providing individuals with chances to become very rich! However, this is not always a simple task to achieve because of the constant project and meme coins being circulated in the market. And that’s why, many people are confused about which meme coin to invest in. To eliminate the confusion and guarantee a chance of financial success, BEFE a meme coin is currently leading the hype in the crypto market with solid community backing.

Investcorp, a global alternative investment firm, has acquired NSEIT, the digital technology business of the National Stock Exchange (NSE) for Rs1000 crore, stated a press release. The transaction excludes the digital examinations business that is also housed inside NSEIT. NSEIT, a leading provider of digital transformation and cybersecurity services focused on global customers in capital markets, insurance, and banking, has a strong presence in India, North America and Middle East. The company’s offerings include digital engineering, data and analytics, artificial intelligence, cloud services, and cybersecurity services.

In this edition of InvestmentNewsTV, we sat down with Tom Ruggie, CEO and portfolio manager of Destiny Wealth Partners. Ruggie shared insight into how Destiny Wealth Partners became one of the fastest-growing fee-only Registered Investment Advisers (RIAs) of 2023, and how the firm reached the milestone of managing $1 billion in assets. 

BJP on Monday claimed that it is the Congress and its allies which intends to change the Constitution to give reservation to Muslims on religious grounds, as the ruling party accused them of misleading Dalits and other disadvantaged Hindu groups against the Modi government. BJP MP Brij Lal said Prime Minister Narendra Modi has reiterated time and again that no one can change the Constitution, as envisaged by Bhim Rao Ambedkar. The former IPS officer, who comes from the Scheduled Castes, told reporters that it is the Congress which has amended the Constitution the most number of times and even suspended its provisions to impose the Emergency in 1975. The Congress and its allies are spreading this narrative to mislead people, especially Dalits, that the BJP will end reservation, Brij Lal said, speaking on an issue over which the two main contenders for power have been targeting each other during the ongoing Lok Sabha polls.

reservation in the country for the sake of vote bank politics, but asserted that he will not let it happen. He said this Congress proposal is to appease minorities as the SC/ST and OBC community is now with the BJP. «In Karnataka, Congress has started a campaign to change the Constitution and to snatch away the rights of SC/ST and OBCs. Our Constitution does not accept religion-based reservation. But the Karnataka government has given part of OBC reservation to Muslims,» Modi said. Addressing a mega election rally in this district headquarters town, he said, «they (Congress) will not settle with this. They had earlier too in their manifesto said about coming out with a law to provide religion-based reservation. There is a similar signal in their manifesto this time.»

Children should be taught about responsible financial behaviour, which also includes the concepts relating to credit score, also known as CIBIL score.